Music Licensing, Inc. (OTC:SONG) Owner of Pro Music Rights One of the World’s Largest Music Licensing Companies, Announces That It Will Explore a Forward Stock Split or Explore a Stock-Based Dividend

Rhea-AI Summary

Music Licensing, Inc. (OTC:SONG), owner of Pro Music Rights, announced plans to explore a Forward Stock Split and a stock-based dividend following the filing of a new Form 211 with FINRA. This move aims to restore the company’s proprietary quote eligibility. Pro Music Rights is a key player in the music licensing industry, representing 7.4% of the U.S. market with over 2.5 million works from notable artists. The actions signal potential growth opportunities and confidence in business operations.

Positive

• Exploration of a Forward Stock Split may enhance shareholder value.
• Consideration of a stock-based dividend could provide direct income for shareholders.
• Pro Music Rights controls 7.4% market share, indicating strong positioning in the industry.

Negative

• None.

NAPLES, FL / ACCESSWIRE / December 12, 2022 / Music Licensing, Inc. (OTC:SONG), Owner of Pro Music Rights One of the Worlds Largest Music Licensing Companies, announces that it will explore a Forward Stock Split or explore a stock-based dividend after a new Form 211 is filed with FINRA. Music Licensing, Inc. (OTC: SONG) is currently working on an application with a Broker Dealer to get a new Form 211 filed with FINRA to restore Music Licensing, Inc. (OTC: SONG) Proprietary Quote Eligibility.

About Pro Music Rights, Inc. (ProMusicRights.com)

Pro Music Rights the 5th public performance rights organization (PRO) ever formed in the United States. Its licensees include notable companies like TikTok, iHeart Media, Triller, Napster, 7Digital, Vevo, and hundreds of others. Pro Music Rights controls an estimated market share of 7.4% in the United States, representing over 2,500,000 works that feature notable artists such as A$AP Rocky, Wiz Khalifa, Pharrell, Young Jeezy, Juelz Santana, Lil Yachty, MoneyBaggYo, Larry June, Trae Pound, Sause Walka, Trae Tha Truth, Sosamann, Soulja Boy, Lex Luger, Lud Foe, SlowBucks, Gunplay, OG Maco, Rich The Kid, Fat Trel, Young Scooter, Nipsey Hussle, Famous Dex, Boosie Badazz, Shy Glizzy, 2 Chainz, Migos, Gucci Mane, Young Dolph, Trinidad James, Fall Out Boy, and countless others. For more information, please visit promusicrights.com.

This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that, all forward-looking statements involve risks and uncertainties, including without limitation, the ability of Music Licensing, Inc. & Pro Music Rights, Inc. to accomplish its stated plan of business. Music Licensing, Inc. & Pro Music Rights, Inc. believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any of the assumptions could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion of such information should not be regarded as a representation by Pro Music Rights, Inc., Music Licensing, Inc., or any other person.

Contact:
investors@ProMusicRights.com

SOURCE: Music Licensing, Inc.

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https://www.accesswire.com/731332/Music-Licensing-Inc-OTCSONG-Owner-of-Pro-Music-Rights-One-of-the-Worlds-Largest-Music-Licensing-Companies-Announces-That-It-Will-Explore-a-Forward-Stock-Split-or-Explore-a-Stock-Based-Dividend

FAQ

What is the significance of Music Licensing, Inc. exploring a Forward Stock Split?

Exploring a Forward Stock Split may enhance the share price and attract more investors, potentially increasing overall shareholder value.

When will Music Licensing, Inc. file the new Form 211 with FINRA?

The specific date for filing the new Form 211 has not been disclosed in the press release.

What could a stock-based dividend mean for shareholders of Music Licensing, Inc.?

A stock-based dividend could provide shareholders with additional shares, increasing their investment in the company without requiring cash expenditure.

How does Pro Music Rights contribute to Music Licensing, Inc.'s value?

Pro Music Rights, controlling 7.4% of the U.S. music licensing market with numerous high-profile artists, adds significant value and growth potential to Music Licensing, Inc.